Date Archives

Month: February 2024

US Dollar Weekly Loss Forecast: Fed’s Influence

February 7, 2024

The US Dollar is on the verge of marking a weekly loss ahead of the US opening bell. The US Dollar (USD) remains largely unchanged...

McDonald’s Quarterly Sales Hit by Middle East Conflict

February 7, 2024

McDonald’s falls short of revenue estimates as quarterly sales are impacted by the conflict in the Middle East. FUNDAMENTAL OVERVIEW: McDonald’s unveiled varied quarterly results...

GOLD Technical Analysis: Up Channel Trading & Profit Opportunities

February 7, 2024

The price of gold continues its range-bound movement amid uncertainty regarding a potential Federal Reserve rate cut and a slight decline in the US dollar....

Gold at $2,030 – U.S. Yields Calling the Shots

February 5, 2024

Gold slips below the $2,030 mark as U.S. yields climb. In the European session on Monday, the price of gold dropped below $2,030. The 10-year...

Market Insights: NZD/USD Rebounds from 0.6050 on Economic Trends

February 5, 2024

NZD/USD bounces back from 0.6050 in anticipation of US services PMI and New Zealand employment data. FUNDAMENTAL OVERVIEW: Finding support around 0.6050, the NZD/USD pair...

USD/CHF Decline Decoded: Unveiling the 0.8560 Mystery

February 2, 2024

USD/CHF extends its downtrend as the US Dollar remains subdued, declining further to approximately 0.8560. FUNDAMENTAL OVERVIEW: For the third straight session, USD/CHF faces a...

BOE’s Dovish Pivot: No Rate Cuts Yet, Here’s Why!

February 1, 2024

The Bank of England is experiencing more split than ever as a dovish pivot does not mean rate cuts. A shift to a dovish pivot...

Ethereum in Crisis: Decoding the Recent ETH Value Drop

February 1, 2024

Ethereum (ETH) erases All of Its recent Gains. FUNDAMENTAL OVERVIEW: Ethereum has nullified the profits it amassed over an extended duration. The ETH/USD price chart...

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